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Write-Offs: 05.02.11

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$$$ The death of bin Laden could create even more instability to the Middle East and northern African nations now undergoing turmoil, potentially driving up oil prices and creating more economic strife for the U.S. and other developed countries. “I don’t want to sound pessimistic, but I’m not sure [it is] great,” Ruben Vardanian, chief executive of the Moscow-based asset management company Troika Dialog Group, told a moderator at the Milken Conference. [MarketWatch]

$$$ Debt-Limit Deniers Don’t Buy ’Chicken Little’ Warnings [Bloomberg]

$$$ Buffett [with a 25 pound box of See's peanut brittle] Believes Reputation After Sokol Is Still Intact [Reuters]

$$$ Steve Cohen may pick up $55 million in pocket change on two paintings [Bloomberg]

$$$ Study: Paul Krugman Is America’s Most Correct Columnist [Daily Intel]

$$$ Ex-Lawyer For Kenneth Star Admits Role In Fraud [WSJ]

$$$ Rejecting Wall Street, Business School Graduates Turn To Entrepreneurship [Dealbook]

$$$ Ross Says It `Was Time to Harvest' ICG Investment‎ [Bloomberg via WaPo]